Results of T-bills auction

Last updated: October 26, 2008

Dhaka, Bangladesh (BBN)- The 38th auction of treasury bills (T-bills) of different maturities was held on Sunday. BDT 6.50 billion, BDT 1.82 billion and BDT 4.315 billion in grand total BDT 12.635 billion were offered for the 91-day, 182-day and 364-day bills respectively.

Of those, DBT 3.40 billion, BDT 1.40 billion and BDT 1.415 billion in grand total BDT 6.215 billion were accepted respectively for the 91-day, 182-day and 364-day bills, according to the central bank press statement.

BDT 1.60 billion, BDT 100 million and BDT 1.085 billion were devolved on primary dealers (PDs) for the 91-day, 182-day and 364-day bills respectively.

The central bank earlier selected nine PDs – eight commercial banks and one NBFI – to handle government-approved securities and issued guidelines for them.

The ranges of implicit yield of accepted bids were 7.89-7.90 per cent, 8.07-8.10 per cent and 8.55-8.57 per cent per annum respectively, the central bank of Bangladesh said.

BBN/SI/SS/AD-26October08-8:40 PM (BST)

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